UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 6, 2010 (July 1, 2010)
Koss Corporation
(Exact name of registrant as specified in its charter)
Delaware |
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0-3295 |
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39-1168275 |
(State or other |
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(Commission File |
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(IRS Employer |
4129 North Port Washington Avenue, Milwaukee, Wisconsin 53212
(Address of principal executive offices) (Zip code)
(414) 964-5000
(Registrants telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On July 1, 2010, Koss Corporation (Koss) received notice from The NASDAQ Stock Market (NASDAQ) that, with the filing on June 30, 2010 of its unaudited consolidated quarterly financial statements for the periods ended December 31, 2009 and March 31, 2010, it has regained compliance with Listing Rule 5250(c)(1), which requires the timely filing of periodic financial statements.
A copy of the press release issued on July 1, 2010 relating to Nasdaqs notification is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Number |
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Description |
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Exhibit 99.1 |
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Press Release of Koss Corporation dated July 1, 2010. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: July 6, 2010 |
KOSS CORPORATION |
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By: |
/s/ Michael J. Koss |
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Michael J. Koss |
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Chief Executive Officer and President |
INDEX TO EXHIBITS
Exhibit |
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Description |
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99.1 |
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Press Release of Koss Corporation dated July 1, 2010. |
Exhibit 99.1
FOR IMMEDIATE RELEASE |
CONTACT: |
Michael J. Koss |
July 1, 2010 |
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President & CEO |
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(414) 964-5000 |
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mjkoss@koss.com |
Koss Receives Notice of Compliance
with NASDAQ Continued Listing Requirements
Milwaukee, Wisconsin: Koss Corporation (NASDAQ SYMBOL: KOSS), the U.S. based high-fidelity stereophone leader, received notice on July 1, 2010 from The NASDAQ Stock Market (NASDAQ) that, with the filing yesterday of its unaudited consolidated quarterly financial statements for the periods ended December 31, 2009 and March 31, 2010, it is now in compliance with Listing Rule 5250(c)(1), which requires the timely filing of periodic financial statements.
Koss Corporation markets a complete line of high-fidelity stereophones, speaker-phones, computer headsets, telecommunications headsets, active noise canceling stereophones, wireless stereophones, and compact disc recordings of American Symphony Orchestras on the Koss Classics label.
This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as may, will, should, forecasts, expects, plans, anticipates, believes, estimates, predicts, potential, or continue or the negative of such terms and other comparable terminology. These statements are only predictions. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as general economic conditions, in particular, consumer demand for the Companys and its customers products, competitive and technological developments, foreign currency fluctuations, and costs of operations. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. In addition, such uncertainties and other operational matters are discussed further in the Companys quarterly and annual filings with the Securities and Exchange Commission.
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